I recently ran into a article about a place offering up NFTs as collateral and it kind of makes senses. However I feel like a stronger foundation is needed and mainly it feels like it's going to come from stablecoins at first. It will be interesting to see how it plays out. I know of one person right here on Hive that gives out "loans" and using's NFTs like Splinterlands etc as collateral. Still lots to take shape and happen but things are moving and we are getting there.
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The challenge with NFTs is they can be volatile and the liquidity can be thin. Naturally, if two parties agree, then there is no problem.
However, if we truly look at it, when dealing in collateral, liquidity and stability are required. So what you say is correct, we need a bit stronger foundation in my view. That is being worked upon.
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